Overview
Description
Experience modern luxury and established investment potential in Austin’s highly sought-after Bouldin Creek neighborhood. Currently operating as a successful short-term rental through Airbnb and VRBO, this exceptional property offers a proven rental history, strong guest demand, and impressive booking performance. Designed by Joseph Design Build, the property features two distinct residences, seamlessly blending architectural elegance, privacy, and versatility with continued rental opportunities.
Featuring a combined 6 bedrooms and 5.5 bathrooms, the property is defined by soaring ceilings, expansive walls of glass, abundant natural light, and thoughtfully curated living spaces. The main residence features an open-concept design, a chef-inspired kitchen with premium appliances and refined finishes, and a luxurious primary suite with a soaking tub and walk-in shower.
The detached guest residence offers its own private entrance and garage, providing flexibility for multigenerational living, extended guests, or continued rental use while maintaining privacy between residences.
Outdoors, a secluded retreat awaits with a sparkling swimming pool, two hot tubs, lush landscaping, intimate courtyards, and a covered patio with a fireplace. Thoughtfully designed for relaxation and entertaining, these spaces create an effortless indoor-outdoor living experience.
Ideally situated minutes from Downtown Austin, South Congress, and Lady Bird Lake, the property offers convenient access to acclaimed dining, boutique shopping, entertainment, and outdoor recreation.
Whether envisioned as a luxury primary residence, multigenerational estate, or established income-producing investment, this remarkable property presents a rare opportunity to enjoy sophisticated living and documented rental performance in one of Austin’s most desirable neighborhoods. STR performance information available to qualified buyers upon request.
Address
- Street704 Elizabeth #1 & 2
- CityAustin
- SubdivisionSouth Heights
- CountyTravis
- StateTX
- Zip78704
- MLS #1687164
Interior
- AppliancesDishwasher,Gas Cooktop,Gas Water Heater,Microwave,Oven,Refrigerator,Stainless Steel Appliance(s),Vented Exhaust Fan
- Bathrooms Full5
- Bathrooms Half1
- Bathrooms Total Integer6
- Bedrooms Total5
- CoolingYes
- Fireplace FeaturesOutside
- Fireplaces Total1
- FlooringWood
- HeatingCentral
- Interior FeaturesBreakfast Bar,Bookcases,Built-in Features,Ceiling Fan(s),Chandelier,Double Vanity,Entrance Foyer,Eat-in Kitchen,High Ceilings,Kitchen Island,Multiple Living Areas,Multiple En Suite Bathrooms,Multiple Closets,Open Floorplan,Stone Counters,Recessed Lighting,Storage,Soaking Tub
- Laundry FeaturesLaundry Closet,Washer Hookup,Dryer Hookup,Stacked
- LevelsThree Or More
- Living Area3,480
- Living Area SourcePublic Records
- Main Level Bedrooms0
Exterior
- Covered Spaces2
- Direction FacesSouth
- Exterior FeaturesBalcony,Private Yard,Rain Gutters
- FencingFenced,Wood
- Garage Spaces2
- Lot FeaturesFront Yard,Landscaped
- Lot Size Acres0
- Lot Size Area0
- Parking FeaturesEnclosed,Garage
- Pool FeaturesIn Ground,Pool/Spa Combo
- RoofMetal
- ViewDowntown,Pool
- ViewYes
Structure
- Builder NameJoseph Design Build
- Construction MaterialsFrame,HardiPlank Type,Concrete,Stucco
- Foundation DetailsSlab
- Property ConditionResale
- Year Built2020
- Year Built SourcePublic Records
Utilities
- SewerPublic Sewer
- UtilitiesElectricity Connected,Natural Gas Connected,Sewer Connected,Underground Utilities
- Water SourcePublic
Financial
- Parcel Number01010110170000
- Tax Annual Amount57,912
- Tax Assessed Value2,803,154
- Tax Block3
- Tax Legal DescriptionLOT 17 BLK 3 SOUTH HEIGHTS
- Tax Lot17
- Tax Year2026
Schools
- Elementary SchoolZilker
- Elementary School DistrictAustin ISD
- High SchoolTravis
- High School DistrictAustin ISD
- Middle Or Junior SchoolLively
- Middle Or Junior School DistrictAustin ISD
Location
- CountryUnited States
- County Or ParishTravis
- DirectionsTake Elizabeth west from South 1st street
- Latitude30
- Longitude-98
- MLS Area Major6
- Postal Code78704
- Street Direction PrefixW
- Street NameElizabeth
- Street Number704
- Street Number Numeric704
- Street SuffixStreet
- Subdivision NameSouth Heights
- Unit Number1 & 2
- Unparsed Address704 W Elizabeth ST
Listing Info
- Attribution Contact(512) 970-6755
- Co-List Agent AORAustin Board of Realtors
- Co-List Agent Direct Phone(512) 955-1384
- Co-List Agent EmailAlexsoto@spyglassrealty.com
- Co-List Agent First NameAlexander
- Co-List Agent Full NameAlex Soto
- Co-List Agent Key31605322
- Co-List Agent Last NameSoto
- Co-List Agent Middle NameJacob
- Co-List Agent MLS ID850339
- Co-List Agent National Association ID785067129
- Co-List Agent State License0850339
- Co-List Office AORAustin Board of Realtors
- Co-List Office Emailryan@spyglassrealty.com
- Co-List Office Key987741
- Co-List Office MLS ID5220
- Co-List Office NameSpyglass Realty
- Co-List Office National Association ID785027025
- Co-List Office Phone(512) 759-0889
- Co-List Office URLspyglassrealty.com
- Contract Status Change DateOctober 29, 2026
- Cumulative Days On Market1
- Days On Market1
- DisclosuresSeller Disclosure
- Documents AvailableAerial,Financials,Rent Rolls
- Documents Change TimestampOctober 30, 2026
- Documents Count3
- List AORAustin Board of Realtors
- List Agent Direct Phone(512) 970-6755
- List Agent First NameCaitlin
- List Agent Full NameCaitlin McLean
- List Agent Key18334172
- List Agent Last NameMcLean
- List Agent MLS ID752708
- List Agent National Association ID831008092
- List Office Emailryan@spyglassrealty.com
- List Office Key987741
- List Office MLS ID5220
- List Office NameSpyglass Realty
- List Office National Association ID785027025
- List Office Phone(512) 759-0889
- List Office URLspyglassrealty.com
- List Price2,999,999
- Listing AgreementExclusive Right To Sell
- Listing Contract DateOctober 29, 2026
- Listing ID1687164
- Listing Key1194074027
- Listing ServiceFull Service
- Listing TermsCash,Conventional,FHA,VA Loan
- Listing URLhttps://staysavvy.directstays.com/property/the-lunith-retreat-sleeps-16-heated-pool
- Major Change TimestampOctober 29, 2026
- MLS StatusActive
- Modification TimestampOctober 30, 2026
- Occupant TypeTenant
- On Market DateOctober 29, 2026
- Original Entry TimestampOctober 29, 2026
- Originating System Key250369384
- Originating System NameACTRIS
- Ownership TypeFee Simple
- Photos Change TimestampOctober 29, 2026
- Photos Count40
- PossessionNegotiable
- Source System Key1194074027
- Special Listing ConditionsStandard
- Status Change TimestampOctober 29, 2026
- Syndicate ToApartments.com,AustinHomeSearch.com,HAR.com,ListHub,Realtor.com
- Syndication RemarksExperience modern luxury and established investment potential in Austin’s highly sought-after Bouldin Creek neighborhood. Currently operating as a successful short-term rental through Airbnb and VRBO, this exceptional property offers a proven rental history, strong guest demand, and impressive booking performance. Designed by Joseph Design Build, the property features two distinct residences, seamlessly blending architectural elegance, privacy, and versatility with continued rental opportunities. Featuring a combined 6 bedrooms and 5.5 bathrooms, the property is defined by soaring ceilings, expansive walls of glass, abundant natural light, and thoughtfully curated living spaces. The main residence features an open-concept design, a chef-inspired kitchen with premium appliances and refined finishes, and a luxurious primary suite with a soaking tub and walk-in shower. The detached guest residence offers its own private entrance and garage, providing flexibility for multigenerational living, extended guests, or continued rental use while maintaining privacy between residences. Outdoors, a secluded retreat awaits with a sparkling swimming pool, two hot tubs, lush landscaping, intimate courtyards, and a covered patio with a fireplace. Thoughtfully designed for relaxation and entertaining, these spaces create an effortless indoor-outdoor living experience. Ideally situated minutes from Downtown Austin, South Congress, and Lady Bird Lake, the property offers convenient access to acclaimed dining, boutique shopping, entertainment, and outdoor recreation. Whether envisioned as a luxury primary residence, multigenerational estate, or established income-producing investment, this remarkable property presents a rare opportunity to enjoy sophisticated living and documented rental performance in one of Austin’s most desirable neighborhoods. STR performance information available to qualified buyers upon request.
- Universal Property IDUS-48453-N-01010110170000-R-N
- Videos Change TimestampOctober 29, 2026
- Videos Count0
Features & Amenities
- Balcony
- Bookcases
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Central
- Chandelier
- Dishwasher
- Double Vanity
- Downtown
- Dryer Hookup
- Eat-in Kitchen
- Enclosed
- Entrance Foyer
- Front Yard
- Garage
- Gas Cooktop
- Gas Water Heater
- High Ceilings
- In Ground
- Kitchen Island
- Landscaped
- Laundry Closet
- Microwave
- Multiple Closets
- Multiple En Suite Bathrooms
- Multiple Living Areas
- Open Floorplan
- Oven
- Pool
- Pool/Spa Combo
- Private Pool
- Private Yard
- Rain Gutters
- Recessed Lighting
- Refrigerator
- Soaking Tub
- Stacked
- Stainless Steel Appliance(s)
- Stone Counters
- Storage
- Vented Exhaust Fan
- Washer Hookup
- Wood
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Caitlin McLean
Listing Agent · Spyglass Realty
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